Stock

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against ProAssurance, Enphase, Casper Sleep, and Endo International and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 12, 2020
Stock market, Security, Securities Class Action, Stock, Economy, Academic disciplines

In response to these disclosures, ProAssurances stock price fell $4.18 per share, or 11%, to close at $33.40 per share on January 23, 2020.

Key Points: 
  • In response to these disclosures, ProAssurances stock price fell $4.18 per share, or 11%, to close at $33.40 per share on January 23, 2020.
  • That same day, DFS issued its own press release specifically announcing that it has filed charges and initiated administrative proceedings against Endo .
  • For more information on the Endo securities class action go to: https://bespc.com/ENDP-3
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Carpenter Technology Declares Quarterly Cash Dividend

Retrieved on: 
Wednesday, August 12, 2020
Dividends, Financial markets, Corporate finance, Financial economics, Ex-dividend date, Stock, Carpenter Technology Corporation

PHILADELPHIA, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation(NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of$0.20per share of common stock, payableSeptember 3, 2020, to shareholders of record onAugust 25, 2020.

Key Points: 
  • PHILADELPHIA, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation(NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of$0.20per share of common stock, payableSeptember 3, 2020, to shareholders of record onAugust 25, 2020.
  • The ex-dividend date (the date the common stock trades without the dividend) isAugust 24, 2020.
  • Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, transportation, energy, industrial, medical, and consumer electronics markets.
  • Carpenter Technology has expanded its AM capabilities to provide a complete end-to-end solution to accelerate materials innovation and streamline parts production.

MONTAGE RESOURCES ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of MR and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, August 12, 2020
Legal, Professional services, Corporate finance, Financial economics, Finance, Equity securities, Money, Cinematic techniques, Film editing, Common stock, Montage, Mergers and acquisitions, Stock

On August 12, 2020, Montage Resources announced that it had signed an agreement to be acquired by Southwestern Energy.

Key Points: 
  • On August 12, 2020, Montage Resources announced that it had signed an agreement to be acquired by Southwestern Energy.
  • Pursuant to the merger agreement, Montage Resources stockholders will receive 1.8656 shares of Southwestern Energy common stock for each share of Montage Resources common stock owned.
  • Bragar Eagel & Squire is concerned that Montage Resources board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Montage Resources stockholders.

FS Development Corp., Sponsored by Foresite Capital, Announces Pricing of Upsized $105 Million Initial Public Offering

Retrieved on: 
Wednesday, August 12, 2020
Professional services, Health, Finance, Financial markets, Finance, Stock market, Money, Equity securities, Encodings, Ticker symbol, NASDAQ, Stock

FS Development Corp. (the Company) announced today that it priced its initial public offering of 10,500,000 shares of Class A common stock at $10.00 per share.

Key Points: 
  • FS Development Corp. (the Company) announced today that it priced its initial public offering of 10,500,000 shares of Class A common stock at $10.00 per share.
  • The shares will be listed on The Nasdaq Capital Market and trade under the ticker symbol FSDC beginning August 12, 2020.
  • The Company, sponsored by Foresite Capital, is led by President and CEO Jim Tananbaum.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and the anticipated use of the net proceeds.

IF Bancorp, Inc. Announces Cash Dividend

Retrieved on: 
Wednesday, August 12, 2020
Banking, Professional services, Finance, Financial markets, Corporate finance, Dividends, Financial economics, Shareholders, Private Securities Litigation Reform Act, Holding company, Stock

IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the Company), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.15 per common share.

Key Points: 
  • IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the Company), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.15 per common share.
  • The dividend will be paid on October 16, 2020, to stockholders of record as of the close of business on September 25, 2020.
  • We are pleased to continue paying a cash dividend to our stockholders, said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company.
  • For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the PSLRA.

1347 PROPERTY INSURANCE HOLDINGS, INC. DECLARES CASH DIVIDEND ON ITS 8.00% CUMULATIVE PREFERRED STOCK, SERIES A

Retrieved on: 
Wednesday, August 12, 2020
Financial markets, Finance, Financial economics, Equity securities, Stock market, Corporate finance, Dividend, Shareholders, Stock, Preferred stock, Property insurance

St. Petersburg, FL, Aug. 12, 2020 (GLOBE NEWSWIRE) -- 1347 Property Insurance Holdings, Inc. (Nasdaq: PIH) (the Company) announced today that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the Preferred Stock), for the period commencing on June 15, 2020 and ending on September 14, 2020.

Key Points: 
  • St. Petersburg, FL, Aug. 12, 2020 (GLOBE NEWSWIRE) -- 1347 Property Insurance Holdings, Inc. (Nasdaq: PIH) (the Company) announced today that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the Preferred Stock), for the period commencing on June 15, 2020 and ending on September 14, 2020.
  • In accordance with the terms of the Companys 8.00% Cumulative Preferred Stock, Series A, on August 12, 2020, the Board of Directors declared a Preferred Stock cash dividend of $0.50 per share for the period that began on June 15, 2020 and ends on September 14, 2020.
  • The dividend is payable on September 15, 2020 to holders of record on September 1, 2020.
  • About 1347 Property Insurance Holdings, Inc.
    1347 Property Insurance Holdings, Inc. is implementing business plans to operate as a diversified insurance, reinsurance and investment management holding company and is incorporated in Delaware.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Montage Resources Corporation

Retrieved on: 
Wednesday, August 12, 2020
Legal, Professional services, Financial markets, Finance, Financial economics, Corporate finance, Equity securities, Stock market, Swn, Common stock, New York Stock Exchange, Stock, Shareholder

Rowley Law PLLC is investigating potential securities law violations by Montage Resources Corporation (NYSE: MR) and its board of directors concerning the proposed acquisition of the company by Southwestern Energy Company (NYSE: SWN).

Key Points: 
  • Rowley Law PLLC is investigating potential securities law violations by Montage Resources Corporation (NYSE: MR) and its board of directors concerning the proposed acquisition of the company by Southwestern Energy Company (NYSE: SWN).
  • Stockholders will receive 1.8656 shares of Southwestern Energy common stock for each share of Montage Resources stock that they hold.
  • If you are a stockholder of Montage Resources Corporation and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/mr/ .
  • Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation.

Trevena Announces Pricing of $50 Million Public Offering of Common Stock

Retrieved on: 
Wednesday, August 12, 2020
Finance, Financial economics, Financial markets, Stock market, Corporate finance, Initial public offering, Actuarial science, Underwriting, Stock, Public offering, Shelf registration, Red herring prospectus

Trevena has also granted the underwriters a 30-day option to purchase up to 3,260,869 additional shares of common stock, at the public offering price, less underwriting discounts and commissions.

Key Points: 
  • Trevena has also granted the underwriters a 30-day option to purchase up to 3,260,869 additional shares of common stock, at the public offering price, less underwriting discounts and commissions.
  • The gross proceeds of the offering are expected to be approximately $50 million, before deducting the underwriting discounts and commissions and other offering expenses.
  • The closing of the offering is expected to occur on or about August 14, 2020, subject to the satisfaction of customary closing conditions.
  • The offering is being conducted by Trevena pursuant to a shelf registration statement on Form S-3 (File No.

Shutterstock Announces Pricing of Public Offering of Common Stock

Retrieved on: 
Wednesday, August 12, 2020
Corporate finance, Financial economics, Finance, Financial markets, Stock market, Initial public offering, Equity securities, Shutterstock, Jon Oringer, Stock, Public offering, Offering

NEW YORK, Aug. 12, 2020 /PRNewswire/ --Shutterstock, Inc.(NYSE: SSTK), a leading global technology company offering a creative platform for high-quality content, tools and services, today announced the pricing of its public offering of 2,580,000 shares of its common stock at a price to the public of$48.50per share.Shutterstockis selling 516,000 shares of common stock in this offering, and Jon Oringer(Shutterstock's Founder, Executive Chairman of the Board and largest stockholder) is selling 2,064,000 shares of common stock in this offering.

Key Points: 
  • NEW YORK, Aug. 12, 2020 /PRNewswire/ --Shutterstock, Inc.(NYSE: SSTK), a leading global technology company offering a creative platform for high-quality content, tools and services, today announced the pricing of its public offering of 2,580,000 shares of its common stock at a price to the public of$48.50per share.Shutterstockis selling 516,000 shares of common stock in this offering, and Jon Oringer(Shutterstock's Founder, Executive Chairman of the Board and largest stockholder) is selling 2,064,000 shares of common stock in this offering.
  • Shutterstockintends to use the proceeds that it receives from the offering for general corporate purposes.
  • BofA Securities and Morgan Stanley are acting as joint book running managers for this offering.
  • Examples of forward-looking statements include, but are not limited to, statements regarding the expected closing of the offering of our common stock.

SWEF: Transaction in Own Shares

Retrieved on: 
Wednesday, August 12, 2020
Stock market, Equity securities, Corporate finance, Corporations, Share, Economy, Transparency Directive, Stock

Following the purchase of these shares, the Company will have 413,219,398 shares in issue.

Key Points: 
  • Following the purchase of these shares, the Company will have 413,219,398 shares in issue.
  • The Company holds 90,000 shares in treasury.
  • Therefore, the total number of voting rights in the Company is 413,129,398, which may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.